EFERT : A Bullish Divergence has been identified between Price and Momentum indicators on the Hourly chart, signaling a potential Bullish Reversal. This divergence suggests weakening downside momentum and increasing probability of an upward move.
Entry levels and Target Prices (TPs) are clearly marked on the chart.
Traders are advised to consider the Stop Loss (SL) at the level indicated on the chart to manage risk effectively.
This setup favors bullish positioning with calculated risk-reward parameters. Monitor price action around the entry zone for confirmation before execution.
Entry levels and Target Prices (TPs) are clearly marked on the chart.
Traders are advised to consider the Stop Loss (SL) at the level indicated on the chart to manage risk effectively.
This setup favors bullish positioning with calculated risk-reward parameters. Monitor price action around the entry zone for confirmation before execution.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.